Oracle Fusion Procurement Certification:1Z0-1065-20

Question 112

While creating a Purchase Order, you observe that the system is defaulting Net 30 as the

payment term instead of the intended payment term Net 15.

Identify two ways to achieve the desired defaulting?

Options:

A. Update Net 15 in procurement options and leave the payment term blank for this supplier header and site level

B. Update Net 15 in procurement options and Net 30 for the supplier site.

C. Set Net 30 for the supplier site and leave the payment term blank in procurement options.

D. Set Net 15 for the supplier site.

Answer: A & D

Answer Explanation:  Either we can Update Net 15 in procurement options and leave the payment term blank for this supplier header and site level or Set Net 15 for the supplier site. In both these two ways we can achieve this business Requirment.

Oracle Fusion Procurement Certification:1Z0-1065-20

Question 113

After gathering requirements from the business leads of customer organization, you have set

up the Bill-to location at multiple places during Oracle Procurement Cloud implementation. Identify

the source from which the purchase order defaults the Bill-to location ?

Options:

A. from the 'Configure Requisitioning business function 'Procurement options'

B. from the 'Common Payables and Procurement options' first and if it is 'Null' then from

'Supplier site assignment'

C. from the 'Configure Procurement business function'

D. from the Business Unit setup

Answer: B 

Answer Explanation: Bill-to location defaults in purchase order form from the 'Common Payables and Procurement options' first and if it is 'Null' then from 'Supplier site assignment'.

Question 114

Identify two Business Intelligence metrics that help users to compare prices through Oracle Sourcing ?

Options:

A. Price change 

B. Projected savings 

C. PO Price savings 

D. Realized savings 

Answer: A & C

Answer Explanation: Price change & PO Price savings are the two business intelligence metrics that help users to compare prices through oracle sourcing.

Question 115:

The business units in your organization are set up with a Client-Service Provider relationship. Requesters from the requisition(client) business units need to utilize a blanket agreement for automatic creation of purchase orders for their requisitions. Identify the configuration that needs to be used by the buyer who is creating the blanket agreement to be made available to other 'requisitioning business units' for purchases against their requisitions ?

Option's:

A. Enable flag ''Automatically generate orders' in control tab of blanket purchase agreement.

B. Enable flag 'Automatically generate orders' in configure procurement business function for the procurement business unit.

C. Enable flag 'Automatically generate orders' in each client business unit 

D. Enable flag 'Automatically generate orders' in the purchase order when buyer submits it E. Setup Profile Option: 'Automatically generate orders'.

Answer: A

Answer Explanation: We need to enable flag ''Automatically generate orders' in control tab of blanket purchase agreement to make requesters from the requisition(client) business units to utilize a blanket agreement for automatic creation of purchase orders for their requisitions.